News: Front Section

Nuss of Jay Nuss Realty Group brokers $2.65 million sale of 28 York Avenue

Jay Nuss, Nuss Realty Group

Randolph, MA The 42,500 s/f industrial building, together with 2.73 acres of land at 28 York Ave. has been sold by Dacom Realty, Inc. to Fe Melville, LLC. Melville Candy plans to relocate its corporate headquarters and manufacturing facility from Weymouth to the new facility in early 2017 upon completing retrofitting the building for its candy manufacturing operations.

28 York Avenue - Randolph, MA

Melville Candy was represented by Jay Nuss of Jay Nuss Realty Group, LLC while the seller was represented by Taber Keally of M. Donahue Associates, Inc.

According to the Norfolk County Registry of Deeds, the consideration paid for the property was $2.65 million.

Melville Candy is a 35-year-old family-owned and operated business, which creates gourmet custom-shaped barley lollipops, using a 75-year-old formula developed by Francis “Ed” Melville. The company manufactures many unique items, like Clover Honey spoons and Chocolate Caramel spoons, to name a few. Unlike mass-produced candy, each item is handmade and hand-packed before it is inspected for shipment.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary